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no rate hikes from UK in 2010
no rate hikes from UK in 2010
Why is GBPUSD called cable? 68 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedCameron and his cohorts are doing something extraordinary here. They are managing the recession in a non-Keynesian way, unlike the US and the numbers are supporting them over and over again.
If they manage to pull this of, economist will have to throw away their theoretical ramblings that have supported Keynes for nearly 100 years and that have never worked in practise.
10-20 years from now people are going to look back on how they handled the recession and use it as a benchmark for future recessions.
As I have voiced plenty of times here,...Ignored
DislikedYou never know... still got 4 meetings left this year, but it is highly unlikely.Ignored
DislikedI am totally with you on that one! Some of my work colleagues think the opposite... the fools that they are, but hey... everyone is entitled to their opinion.Ignored
DislikedDon't quite follow. Why would I close when she's coming out of the flag?Ignored
DislikedThey are two very opposing views of how to tackle a crisis, there is the US way by government spending and borrowing silly amounts and there is the UK way by tackling the deficit, reduce the spending and grow the economy from the bottom up.
There will be plenty here that will support both views. The slight problem is that the US way is a true following of Keynes, and history has proven plenty of times that that does not work. The one key item in the Keynes way is addressing public debt albeit at a later date, something that Obamarama is ignoring...Ignored
DislikedThe drop in Core CPI is a direct result of money supply and the effect of trade balance on the BOP, a reduction of the core number signifies a reduction in supply even though the trade balance and QE increased the supply, so yes under normal circumstances an increase would be a prelude to an increase in future interest hikes, however interest cannot be raised unless the money supply is taken care of first, a lowering of the core does that for Mervyn. Next report should now see a lowering of the overall CPI and the latent CPI (not directly published)
This...Ignored
Disliked
However, if the trend of lower core CPI persists, increasing the chances that CPI and RPI drop below the 2% target (something that is a long way off). Then this outcome will undoubtedly be bearish for sterling, as it increases the odds of further QE, as the MPC strives to ensure deflation does not take hold, through increasing the supply - thus lowering the cost - of sterling.Ignored
DislikedCameron and his cohorts are doing something extraordinary here. They are managing the recession in a non-Keynesian way, unlike the US and the numbers are supporting them over and over again.
If they manage to pull this of, economist will have to throw away their theoretical ramblings that have supported Keynes for nearly 100 years and that have never worked in practise.
10-20 years from now people are going to look back on how they handled the recession and use it as a benchmark for future recessions.
As I have voiced plenty of times here,...Ignored
DislikedCanada was a different story. They had the backdrop of a booming global economy and were luckily producing lots of the raw materials that were needed to power that growth.Ignored
Dislikedmmmmmm, this sounds very much like Richard Hill's Forex Net Trap System. Am I right?Ignored
DislikedYou still had that long from the DP/bottom of the flag, right? The flag is holding on the 30 so cover and take your profits of the table.Ignored
DislikedBut the better than expected economic numbers, including the public finances, cannot yet be attributed to the Conservatives or any of their policies, as they have been in power too short a time for their economic policies to be objectively judged.Ignored
DislikedThere is no need for it, the economy is growing, exports are increasing, the GDP is increasing, inflation is at bay, money supply is taken care of naturally. The UK is definitely on the right track.Ignored
DislikedOh, come on, Cloggie, please let me stay in a weeny bit longer! I got the upper boundary of the flag, a feeble supp, the DP and a 200 MA between now and my entry. And now that she's kinda outa the flag she might take off blow thru the res @ .5703 shoot up to 1.70 and make me filthy rich!Ignored
DislikedRPI figures will be hit with the VAT increase in January, but that is next year!
.Ignored